The Lumina Foundation released a group
of 15 policy papers on 04/14/2014 that examine new models of student financial support in
an effort to increase college affordability, which the Lumina Foundation calls
one of the "biggest barriers” to accessing higher education. The papers
highlight structures currently in place to help students pay higher education
costs; however, they show these structures not set up to efficiently provide
both access and support completion.
Commissioned by the Lumina Foundation, the
papers are intended to promote greater discussion and evaluation around several
key topics in student finance, including affordability of higher education,
student loan repayment, and federal-state-institutional partnerships. They are
aimed at addressing solutions that can be implemented at the institutional,
state and federal levels.